In 2016-17 there were only 140 claims totalling £5M through the SME scheme supporting Accommodation & Food businesses. In addition to these, there were a mere 15 claims totalling less than £5M through the RDEC (Large Company) scheme. There were also only 10 claims collectively totalling less than £5M from SMEs claiming thorough the RDEC scheme*.
* SMEs may claim through the RDEC scheme where they have activities which are not eligible for the SME scheme. This may include R&D subcontract work for large businesses, and projects / activities which are grant funded.
Typical projects supporting Accommodation & Food businesses may include the design and development of new products, improvements to existing products, and technical processes to make your operations more productive.
To find out if you may be eligible for a claim, scroll to the bottom of this page and contact us for our free, no commitment, chat.
We’re always going to wax lyrical about our R&D Tax Credits service because we’re extremely proud of the system we’ve created. So why not listen to what our clients have to say about us instead?
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We can help you maximise your current and future R&D Claims. We also offer a range of ep!c support options to help improve your engagement, productivity, innovation & creativity. Contact us for more details!